LMFX vs AAAFx

LMFX vs AAAFx Comparison Table 2023
LMFX Review 2023 AAAFx Review 2023
2.8
3.9
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

LMFX is an offshore CFD and forex broker with flexible account options that support trading with fixed or floating spreads, including a raw spread account with super tight pricing. The assets on offer include forex, stocks, indices and commodities, and very high leverage up to 1:1000 is available. The broker is based in Macedonia and was established in 2017.

AAAFx is a Greek broker that offers trading opportunities in forex as well as a decent selection of other assets including stocks, indices and cryptocurrencies. The spreads are very tight, starting from zero, commissions are low, and there are various account options to suit traders of differing experience and funding levels. Four leading platforms are also supported – MetaTrader 4, MetaTrader 5, ZuluTrade and ActTrader.

Bonus Offer
100% deposit bonus up to $30,000 100% Deposit Bonus available for Global clients
Promotions

Double Your Trading Capital With The AAAFX 100% Deposit Bonus

Free VPS Hosting With AAAFx

Commission-Free Trading At AAAFX

Comment by Reviewer
"Experienced traders who want highly leveraged CFDs and a choice between fixed and floating spreads should consider LMFX. On the downside, new clients should note the weak regulatory oversight." "AAAFx is a good broker for forex traders who want ECN trading with the flexibility to dip into other popular asset classes."
Pros
  • Excellent, flexible pricing options with raw and fixed spreads available
  • Personal account manager available with Premium and Fixed accounts
  • High leverage up to 1:1000, 1:400 or 1:250 depending on the account
  • The world-leading MetaTrader 4 platform and app is available
  • VPS will cater to automated trading strategies
  • Bonuses, contests and awards
  • Zero deposit fees
  • Supports an excellent range of trading software including the popular MT4 and MT5 platforms
  • EEA-regulated with an offshore branch for higher leverage opportunities
  • Excellent pricing with very tight spreads and low commissions
  • Good selection of 70 forex pairs
  • Social and copy trading
  • Award-winning brand
  • Low deposit fees
Cons
  • Limited educational resources for newer traders
  • Unregulated status lowers its safety score
  • No cryptocurrency and Bitcoin trading
  • No support on weekends
  • Non-forex asset list is light
  • Lacks educational content and extra features
  • Only high volume traders with a $5000 deposit qualify for a free VPS
Awards
  • Best CFD Broker - Forex Expo Dubai 2023
  • Best FX Service Provider - Forex Expo Dubai 2022
  • Most Transparent Broker - Ultimate Fintech Awards 2022
Instruments
Forex, CFDs, indices, shares, commodities Forex, CFDs, Indices, Cryptocurrencies, Commodities
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Trading Platforms
  • MT4
  • MT4
  • MT5
  • ActTrader
Payment Methods
Bank wire - FNB (First National Bank, KoraPay through Praxis, Help2Pay, PayRetailers. Bank cards - debit/credit cards. E-Wallets- FairPay, VirtualPay, Skrill, Neteller. Cryptocurrency - match2pay (ETH, BTC and USDT), Capital Wallet
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
HCMC (Greece), FSCA (South Africa)
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
No Yes
Copy Trading Platform
AAAFX offers an automated copy trading service with competitive fees and a beginner-friendly interface. ZuluTrade is the biggest social trading community with thousands of active users.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, stocks, indices, commodities, metals and oil. Variable leverage is available depending on the account type up to a maximum of 1:1000, and traders can take part in various promotions. AAAFx traders can access CFDs on forex, stocks, indices and cryptocurrencies through the broker's diverse range of platforms. Leverage is available up to 1:30 from the broker's EEA-regulated branch or up to 1:500 from the offshore entity, which is higher than most alternatives.
Leverage
1:1000 1:30 (EU), 1:500 (Global)
FTSE Spread
3.0 1
GBPUSD Spread
2.5 Starting from 0.1
Oil Spread
0.7 3.5
Stocks Spread
Variable Variable
Forex Trading
Trade 46 major, minor and exotic pairs via CFDs with tight spreads, low latency and VPS support for automated trading strategies. This will appeal to active forex day traders in particular. AAAFx traders have access to 70 forex pairs, including majors, minors and exotics, through an ECN model with fast execution, low commissions and tight spreads. The selection of currencies is wider than most competitors.
GBPUSD Spread
2.3 Starting from 0.1
EURUSD Spread
1.9 Starting from 0.0
EURGBP Spread
2.2 Starting from 0.0
Assets
48 70+
Cryptocurrency
Crypto trading not offered Five cryptocurrency CFDs are available from AAAFx, all traded in pairs with USD, including Bitcoin and Ethereum. Crypto traders can choose from three accounts with a low starting deposit.
Spread
From 0.0 pips
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
  • USDT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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